Sable Offshore(US:SOC) Prnewswireยท2025-09-09 12:06Core Viewpoint - A class action lawsuit has been filed against Sable Offshore Corp. for allegedly making false statements regarding its oil production status, which misled investors and inflated the company's stock price during the specified class period [1][3]. Group 1: Lawsuit Details - The lawsuit is initiated by Berger Montague PC on behalf of investors who acquired Sable's publicly traded securities between May 19, 2025, and June 3, 2025, including during the company's May 2025 secondary public offering [1][2]. - The complaint alleges that Sable misrepresented the status of its oil production off the coast of California, claiming it had restarted production when it had not [3]. Group 2: Investor Information - Investors who purchased Sable securities during the class period have until September 26, 2025, to seek appointment as lead plaintiff representatives [2]. - The misrepresentations are said to have caused harm to investors when the truth about the company's production status was eventually revealed [3].